Deere & Co. said Wednesday its fiscal third-quarter profit rose about 7% as high commodity prices and robust farm incomes supported sales of its farm machinery worldwide.
However, the Moline, Ill., heavy-equipment maker added that rising raw material costs and a softer U.S. economy pressured results, and are likely to do so through the rest of its fiscal year....MORE
Wednesday, August 13, 2008
Deere's quarterly profit rises 7% on farm demand (DE)
From MarketWatch:
